Offshore accommodation firm Prosafe has confirmed the contract with Petrobras for its Safe Notos semi-submersible ...

Petróleo Brasileiro S.A. - Petrobras PBR has signed three major contracts worth around $892 million with Consag Engenharia to complete Train 2 at the Abreu e Lima Refinery (RNEST) in Pernambuco, ...

The South American nation is drawing scrutiny for opening a large swath of ocean to oil companies as it prepares to hold the ...

Brazil’s state-run oil and gas firm Petrobras has acquired 10 blocks in the Foz do Amazonas Basin and three blocks in the ...

While claiming leadership on the international climate agenda at the pre-COP30 climate conference in Bonn, Germany, the ...

The Portuguese energy company said it will own a 30% stake in the blocks alongside Brazil's Petrobras, which will own 70% and be the operator. The concessions in the Pelotas basin were granted by the ...

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Petrobras, ExxonMobil, and Chevron have won exploration rights in Brazil’s Equatorial Margin, a frontier offshore oil region ...

Brazil has auctioned off several land and offshore potential oil sites near the Amazon River, aiming to expand production in ...

Discover why Shell's stock is rated a Hold despite strong financials. Explore its LNG and hydrogen focus, risks from buybacks ...

Brazil sold extraction rights to 19 oil and gas blocks near the mouth of the Amazon river Tuesday, at an auction slammed by ...